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According to analysts, a micro-strain of COVID-19 can negatively affect the economic situation in the world, tensions between Russia and Ukraine, sharp inflation and economic recession in China Most economic analysts expect a strong recovery in the global economy in 2022, but there are a number of factors that could hinder economic growth, writes Bloomberg. “What can go wrong? Much. Omicron strain...

December 10, Minsk. The population and enterprises will not feel the introduction of counter-sanctions. This was stated by Prime Minister Roman Golovchenko today with deputies of the House of Representatives and members of the Council of the Republic in the Oval Hall to discuss a package of budget bills, BelTA has learned.From January 1, in response to sanctions , Belarus introduces a food embargo...

This year, Russia supplied agricultural raw materials and food to 161 countries, which is more than a year earlier. Dmitry Krasnov, head of the center, said this at the conference “Russian Agroexport 2021-2022: Trends, Challenges and New Opportunities”, organized by the Agroexport Center subordinate to the Ministry of Agriculture. Export is directly related to the development and improvement of th...

Russian President Vladimir Putin during a meeting on economic issues called inflation the main problem of the economy and citizens. At the end of November, it amounted to 8.4%. “In 2022, it is necessary to ensure that inflation returns to the target level of 4%,” the head of state said (quote from a transcript on the Kremlin’s website). He called for a "main focus" on increasing the supply of good...

December 8, Minsk. The domestic market will be provided with food, and enterprises with raw materials. Deputy Minister of Agriculture and Food of Belarus Aleksey Bogdanov told reporters today, commenting on the Council of Ministers’ resolution No. 700 of December 6, 2021 “On the application of special measures to certain types of goods.” From January 1, in response to sanctions , Belarus introduce...

Alexey Dzermant. December 8, Minsk. Belarus in terms of response to Western sanctions pressure is in step with Russia. Political analyst Aleksey Dzermant shared this opinion with the newspaper, BelTA informs."The main categories of goods from the food counter-sanctions basket are quite significant. And despite the fact that Belarus produces both meat and milk in sufficient volume, there are Wester...

December 7, Minsk. The export of Belarusian food products and agricultural raw materials in January-October 2021 increased by 14.1%, goods worth about $5.4 billion were delivered abroad, BelTA informs citing the Telegram channel of the Ministry of Agriculture and Food."Belarusian food was supplied to 1......

Last week, the Russian market discussed the growth of food production and the acceleration of inflation; Read review - Some experts have expressed fears that meat prices in Russia could increase by 50-100% due to the new regulation of animal slaughter, but in general it is predicted that food prices may return to normal by mid-2......

Inflation in Russia for the period from November 23 to November 29, 2021 amounted to 0.46%, follows from Rosstat data. A week earlier, inflation in Russia was at the level of 0.2%. In annual terms, inflation as of November 29, 2021 (according to calculations using average daily data for this and last year for similar dates) was 8.38%. Since the beginning of the year, consumer prices have risen by ...

December 2, Minsk. World food commodity prices rose for the fourth month in a row, supported by strong demand for wheat and dairy products. Such data was distributed today by the Food and Agriculture Organization of the United Nations (FAO), TASS reports.The FAO Food Price Index, which measures monthly changes in international prices for staple foods, averaged 134.4 in November, the highest since ...

There are risks of further growth in food prices, so it is necessary to act ahead of inflation, President Vladimir Putin said at the investment forum "VTB Capital" "Russia is calling!". The event was broadcast by RBC. According to the president, the crisis in the global energy market has already led to an increase in quotations for nitrogen fertilizers. “For farmers around the world, this is one o...

The Plant-Based Union has quadrupled in size and is launching a number of initiatives The Union of Producers of Plant Based Products (hereinafter referred to as the Union) held a general meeting of its members. The key issue on the agenda was the admission of new members to the Union. “According to the results of the general meeting, 12 enterprises became new members of the Union. These are both m...

Photo by the press service of the concern "Belgospischeprom" November 24, Minsk. Business forums of the food industry are aimed at increasing sales of Belarusian goods. This was stated by Deputy Chairman of the Belgospischeprom Concern Alexander Yakovchits during the opening ceremony of the Food Prom regional food industry business forum in Borisov, BelTA has learned."The purpose of such events is...

November 23, Minsk. Belarus expects to increase food exports to China to $1 billion by the end of the five-year period. This was stated by the Minister of Agriculture and Food Ivan Krupko in the program "Conversation with the President" on the TV channel, BelTA informs."A lot of attention is paid to the certification of enterprises and increasing the volume of deliveries to China. Based on the res...

Alexander Subbotin. November 23, Minsk. Food prices in Belarus will objectively continue to rise against the backdrop of the global situation, but the authorities are using various mechanisms to curb this process as much as possible. This was stated to journalists by Deputy Prime Minister Alexander Subbotin, who oversees the agricultural sector, BelTA has learned. Journalists asked how the growing...

Normalization of world prices for energy products ( oil , gas, coal) and food is possible in the spring or summer of 2022, follows from a study by the Analytical Credit Rating Agency (ACRA). Now, according to the company's analysts, they are partly due to one-time or short-term supply-side factors. “The current price level may constrain global economic activity in the short term, slow down economi...

Annual inflation for the week from 9 to 15 November accelerated to 8.1% from 8.07% a week earlier, follows from the review of the Ministry of Economic Development "On the current price situation." At the same time, the growth rate of food prices continued to decline and amounted to 0.19% against 0.29% and ......

November 18, Minsk. Food exports by the end of the year, according to forecasts, may exceed $6 billion, Deputy Minister of Agriculture and Food Alexei Bogdanov said today at a press conference, BelTA has learned.“If the current dynamics continue, it is predicted that we will exceed the previously planned figure of $6 billion in food exports. Let me remind you that last year it was $5.8 billion. An...

Topical issues of interaction between Russia and Moldova were discussed today at a meeting of the co-chairs of the Intergovernmental Commission on Economic Cooperation. From the Russian side, it is headed by the Minister of Agriculture Dmitry Patrushev, from the Moldovan side, by Deputy Prime Minister, Minister of Foreign Affairs and European Integration Nicolae Popescu. November marks twenty year...

Dairy products, like most other food products, are becoming more expensive worldwide Increasing global demand for butter, SMP and SPM, as well as the desire of traders to increase stocks, led to the fact that the value of the FAO Dairy Price Index for October rose by 2.6 points compared to September. – PioneerProduct In general, food in the world is now a record expensive for the last ten years. B...

November 16, Minsk. Cucumbers and tomatoes became more expensive in October, while citrus fruits fell in price, BelTA informs referring to the analytical information of the Ministry of Antimonopoly Regulation and Trade."In October 2021, the annual increase in consumer prices in general and prices for socially significant goods (NWT) was recorded at the level of 1......

The authorities will not allow a food shortage in Russia, the Minister of Agriculture Dmitry Patrushev said on the air of the Rossiya-1 TV channel. It is also important to prevent price spikes. “We live in an era of crisis, food prices are rising every day and it is important to decouple our domestic prices from those prices that are present on world markets,” the head of the agricultural departme...

Alexey Kobylin, Minister of Agriculture of the Chelyabinsk Region, presented gold, silver and bronze medals to the winners of the Golden Autumn 2021 Russian Agro-Industrial Exhibition. Due to anti-COVID restrictions, the Minister gives awards separately to each representative of the organization, whose work was highly appreciated by the Golden Autumn competition commission. Among the awarded parti...

The introduction of a tariff exemption for the import of frozen pork and beef into the Russian Federation in 2022 contributes to the stabilization of prices for meat products. This opinion was expressed by the leading researcher of the Center for Agro-Food Policy of the RANEPA Denis Ternovsky. "This [the introduction of the quota] will certainly have an impact on price stabilization, and, most lik...

Increasing attention to sustainability needs to be placed in China 's food imports, the researchers said, as rising living standards in the country will increase demand for animal products. A study published in the journal Nature Sustainability says the country's demand for livestock products will increase significantly, which in turn will lead to increased pasture use, which could lead to more ca...

Topic news November 10, Minsk. The situation on the Belarusian-Polish border is not improving, Tamara Leonchik, chairman of the primary organization of the Belarusian Union of Women of the Council of the Republic, told reporters following the results of the migration situation on the Belarusian-Polish border in the Council of the Republic, BelTA has learned. "Today we returned from a refugee camp ...

In October, world food prices increased by 3% compared to September and reached the highest level since July 2011, the Food and Agriculture Organization of the United Nations (FAO) said. In October, the average value of the FAO Food Price Index, which monitors fluctuations in world food prices on a monthly basis, was 133.2 points. The index has been growing for three consecutive months. In June, t...

November 4, Minsk. World food prices rose to a new peak, exceeding the level of July 2011. This is stated in the message of the Food and Agriculture Organization of the United Nations (FAO), published on its website.In October, the average value of the FAO Food Price Index, which monitors monthly fluctuations in world prices for the most traded food products, was 133.2 points, up 3% compared to it...

Inflation is perhaps the most discussed topic in the economic community today. Food, raw materials and transportation are becoming more expensive around the world, and there is a risk that this trend will continue and hit developed and developing economies A couple of months ago, regulators, analysts and investors unanimously insisted that global inflation is only a temporary phenomenon. But month...

Every tenth is preparing for a non-working week, Russians buy food (and men also buy alcohol )), do haircuts, save money and plan repairs Only 10% of Russians are preparing for the upcoming non-working week, according to the results of a survey of the SuperJob job search service (available to RBC). Men prepare for the long weekend a little more actively than women (11% and 9%, respectively). At th...